Find HS Codes, Tariff Classification & Duty Codes in Greece

An HS code, or Harmonized System code, is an international standardized system of names and numbers to classify traded products. It was developed and is maintained by the World Customs Organization. The HS code is used by countries to classify and identify goods for customs purposes, making it easier for countries to categorize and tax imported and exported goods. In Greece, as in other countries, the HS code is crucial for determining the tariff rates and VAT (Value-Added Tax) at 24% that are applied to imported goods, which varies by product.

In Greece, the classification of goods is based on the Combined Nomenclature (CN) of the European Union, which is an extension of the international HS code system. The Greek customs authorities use this system to classify goods and determine the applicable tariff rates and taxes, including VAT at 24%. Importers in Greece must ensure that their goods are correctly classified using the 10-digit tariff code to avoid any delays or penalties. The correct classification also helps in calculating the total cost of importing goods in EUR, including duties and taxes.

One of the most common mistakes importers make is the incorrect classification of their goods. This can lead to delayed clearance, additional costs, or even penalties. Importers should also be aware of any licensing requirements or restrictions on the goods they are importing. Furthermore, failure to comply with Greek customs regulations can result in fines and the payment of back taxes and interest in EUR. It is essential for importers to understand the HS code lookup process and ensure they are using the correct 10-digit tariff code for their goods.

The 10-digit tariff code used in Greece consists of the international 6-digit HS code followed by four additional digits for national use. The first six digits are the same worldwide and identify the product category. The next two digits are the EU subdivision, and the last two digits are the national subdivision, which in Greece, helps to determine the specific tariff rates and taxes, including VAT at 24%, that are applicable. Understanding the structure of the 10-digit tariff code is crucial for accurate classification and compliance with Greek customs regulations, ensuring smooth import processes and calculating the correct total cost in EUR.